As BP reported a $5bn loss after Gulf oil spill, confusion reigns this morning whether the company will be able to pay its dividend in full. The company has publicly announced that it will pay a dividend for the first...
Back at the height of the BP oil spill, President Obama asked a commission to find out “what worked and didn’t” in the government’s response to the disaster. Well the bad news for Obama is that much didn’t work, making...
If you talk to Riki Ott, the fisherwoman and marine biologist who has written a book about the Exxon Valdez, one of the lasting unanswered questions is just how much oil was spill from the stricken tanker. The official version...
So we are 100 days into this disaster and what has changed? Well we have a new CEO of BP. The straight talking American Bob Dudley argues that the Gulf of Mexico spill has been "wake-up call not only for...
Today, its Top Kill or bust. Never have the stakes for BP been higher. Latest estimates are that the company could face up to $70 billion in penalties and pay-outs for the Gulf oil spill if today’s attempts to stem...
The online public relations battle is hotting up. BP may be losing the twitter war but is doing its damndest to make sure it won’t lose the Google war. According to ABC News, BP has purchased several phrases on search...
[caption id="attachment_4893" align="alignleft" width="172" caption="U.S. Coast Guard photo"][/caption] What is being played out now is really quite astonishing. Just a few days ago, BP’s dividend was a seen by City investors as a line in the sand that could not...
The showdown between Argentina and Britain over the Falklands is not the only row brewing on the international oil scene. A bitter battle is brewing between oil giants such as Shell and Chevron and the Nigerian government over proposed reforms...
If you have never been to an oil company AGM it is worth going to watch two parallel words colliding for a few hours. On the one side are the protestors arguing passionately for the company to listen to how...
For a company that prides itself on long-term planning, Shell sometimes seems to be a company that could not plan its way out of a paper bag. Just over a decade ago it made a big song and dance about...
